IndusInd Bank Limited has announced the launch of digital inward remittance offering for Non-Resident Indians (NRIs) in the United States of America (USA).
Banking & Finance
IndusInd Bank has entered into a strategic collaboration with Viamericus Corporation to provide digital inward remittance services to Non-Resident Indians (NRIs) in the United States through 'Indus Fast Remit', a remittance services platform. This collaboration enables NRIs to benefit from highly competitive exchange rates for digital inward remittances to India. This collaboration allows seamless inward remittance services from the United States to India for NRIs resident in the United States, where Viamericus Corporation is a licensed Money Services Business (MSB). Digital inward remittance services will be provided on the bank's IFR platform through Viamericas under the Rupee Withdrawal Arrangement (RDA) scheme of RBI. This collaboration will provide NRIs with a reliable Indus Fast Remit platform.
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